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Five prediction market operators restrict Utah services amid Kalshi criminal cas

Picture: Yogonet

Five prediction market operators have restricted their prediction market offerings in Utah amid escalating legal pressure, following the state's filing of 14 criminal charges against Kalshi and its co-founders, Tarek Mansour and Luana Lopes Lara, on 28 October. DraftKings, FanDuel, Fanatics, Robinhood and PrizePicks have withdrawn or restricted certain event contracts , although the extent of the measures varies between operators. The changes come as Utah authorities step up enforcement of the state's gambling prohibition, while a broader legal dispute continues over federal and state authority to regulate prediction markets.

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